Ello

Term Sheet -- Friday, October 20 (@termsheetfriday)

The big news today: online personal styling company Stitch Fix filed for an IPO. This move will test investor appetite for e-commerce stocks. It is remarkable that the startup has only raised $42.5 million in venture funding from investors including Benchmark Capital, Baseline Ventures, and Lightspeed Venture Partners. (Benchmark & Baseline both have more than a 25% stake.)